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Bullboard - Stock Discussion Forum Modern PVC Inc MPVC

GREY:MPVC - Post Discussion

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Post by Scruff on May 14, 2014 9:51am

NEWS

 

MPVC starts drilling at Northwest Manitoba project

2014-05-14 09:14 ET - News Release

Also News Release (C-CVV) CanAlaska Uranium Ltd (2)

Dr. Charles Fipke of MPVC reports

MPVC COMMENCES DRILLING AT NW MANITOBA URANIUM PROJECT

Drilling has commenced at MPVC Inc.'s Northwest Manitoba uranium project which was recently optioned from CanAlaska Uranium Ltd.

Drilling

A diamond drill rig has commenced drilling at the Maguire Lake focus area within the company's Northwest Manitoba project. The drill is targeting anomalies generated by the geophysical (magnetic, electromagnetic, gravity and radiometric), geochemical (AlphaTrack and RadonEx), and prospecting programs. Initially, targets beneath the lake are being tested while winter conditions exist.

In addition, a rotary air blast drill rig is now being mobilized to site. This drill will be focused on rapidly testing shallow targets.

Ground gravity survey

MPVC has now received the results of the ground gravity survey designed to connect the three previously collected blocks of gravity data. This survey has tied together the existing surveys well, and has not only extended previously identified gravity lows thought to potentially reflect alteration zones associated with uranium mineralizing fluids, but has also discovered new gravity lows.The technical information and results reported here have been reviewed by Chad Ulansky, PGeol, a qualified person under National Instrument 43-101, who is responsible for the technical content of this release.

Comment by leverage1971 on May 14, 2014 9:58am
Good news! I read the last news release wrong I thought the shallow, rotary air drill was going first. Must be really cold up there for them to be able to drill the ice targets still. Fingers and toes crossed Lev
Comment by losecash on May 14, 2014 10:23am
The roulette wheel has been spun. Sit back and see where it lands.
Comment by bandi10 on May 14, 2014 1:39pm
My hat is off to your management. They seem to run UNO a lot better than CD or MTX. Good luck to you guys. Now if we at CD and MTX could get Chad and Chuck to run our companies the same, I would be happy.
Comment by Campin on May 14, 2014 1:57pm
You know it's not too late to get it, even at 14-15c, it 's still very cheap...This play is flying very low under the radar, they still don't even have a website... Considering the management, cash and property I'm surprised there has not been more attention... But they are working fast and I suspect we will have some result within the next 10 days, maybe less if we get lucky and ...more  
Comment by losecash on May 14, 2014 2:47pm
Compared to all the area plays around PLS that are lacking all the evidence that uno has at 6 million market cap this is cheap. Lots of room to grow with positive results. They seem to be extremely focused to get this play rollin so it looks like there is some believers in the evidence set forth. Some of the area plays around pls are valued up to 45 million with nothing but a fart in the wind.
Comment by wazzuppp(*-*) on May 15, 2014 7:16am
the property looks promising so let`s see.